Dodge is dropping its fastest, most powerful small car for the 2010 model year. The Dodge Caliber SRT4--a turbocharged, muscle-bound version of the Caliber--is being discontinued. "The Dodge Caliber SRT4 was planned for a limited production run in the highly competitive sport compact market segment," Dodge said in a statement.

Following an initial reveal at the 2011 Frankfurt motor show in September, Ferrari recently announced a new personalization program that will enable owners to create a highly individual and unique vehicle. The latest in a long line of manufacturers to begin offering highly personalized cars for individual owners, Ferrari's take is far more ambitious. The new Tailor-Made program harks back to the 1960s when each Ferrari was custom made to suit the desires of each individual owner and offers a multitude of infinitely personalizable options. The new Tailor-Made program allows owners to specify every last detail of their Ferrari – from the exterior color to the interior stitching – through an extensive list of accessories, materials and unique finishes created by the Ferrari Styling Center.

To keep in step with Mini, Fiat will launch a convertible version of the 500 at the Geneva motor show. The 500C comes a couple months after Mini showed its own new convertible at the Detroit auto show. In place of the fixed roof is a power retractable soft top with rear glass window and built-in rear brake light.